S Bank Fund Management Ltd Buys New Holdings in Capital One Financial Corporation $COF

S Bank Fund Management Ltd purchased a new position in Capital One Financial Corporation (NYSE:COF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 40,000 shares of the financial services provider’s stock, valued at approximately $9,694,000. Capital One Financial comprises about 1.3% of S Bank Fund Management Ltd’s portfolio, making the stock its 20th biggest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in COF. Tompkins Financial Corp raised its holdings in shares of Capital One Financial by 4.3% in the 4th quarter. Tompkins Financial Corp now owns 977 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 40 shares in the last quarter. Focus Financial Network Inc. lifted its position in shares of Capital One Financial by 2.8% during the 4th quarter. Focus Financial Network Inc. now owns 1,570 shares of the financial services provider’s stock worth $380,000 after purchasing an additional 43 shares during the last quarter. Stephens Consulting LLC grew its stake in shares of Capital One Financial by 10.3% during the fourth quarter. Stephens Consulting LLC now owns 504 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 47 shares in the last quarter. Nicolet Advisory Services LLC increased its holdings in Capital One Financial by 0.7% in the third quarter. Nicolet Advisory Services LLC now owns 7,047 shares of the financial services provider’s stock valued at $1,506,000 after buying an additional 48 shares during the last quarter. Finally, Pflug Koory LLC increased its holdings in Capital One Financial by 1.6% in the fourth quarter. Pflug Koory LLC now owns 3,086 shares of the financial services provider’s stock valued at $748,000 after buying an additional 48 shares during the last quarter. Institutional investors and hedge funds own 89.84% of the company’s stock.

Insider Transactions at Capital One Financial

In other Capital One Financial news, insider Celia Karam sold 1,749 shares of Capital One Financial stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $192.58, for a total transaction of $336,822.42. Following the transaction, the insider owned 61,579 shares of the company’s stock, valued at $11,858,883.82. The trade was a 2.76% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Lia Dean sold 1,692 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $185.61, for a total value of $314,052.12. Following the completion of the sale, the insider owned 65,454 shares of the company’s stock, valued at approximately $12,148,916.94. This represents a 2.52% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 46,404 shares of company stock worth $8,884,404. 0.78% of the stock is owned by corporate insiders.

Capital One Financial Stock Performance

NYSE COF opened at $189.70 on Wednesday. The company has a fifty day moving average of $190.07 and a two-hundred day moving average of $213.26. The company has a market capitalization of $117.98 billion, a PE ratio of 66.56, a P/E/G ratio of 0.69 and a beta of 1.05. Capital One Financial Corporation has a 1 year low of $174.98 and a 1 year high of $259.64. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.03 and a quick ratio of 1.03.

Capital One Financial (NYSE:COF) last posted its earnings results on Tuesday, April 21st. The financial services provider reported $4.42 EPS for the quarter, missing analysts’ consensus estimates of $5.08 by ($0.66). Capital One Financial had a return on equity of 10.59% and a net margin of 4.29%.The firm had revenue of $15.23 billion for the quarter, compared to analyst estimates of $15.68 billion. During the same quarter last year, the firm posted $4.06 EPS. The firm’s revenue for the quarter was up 52.3% on a year-over-year basis. As a group, analysts expect that Capital One Financial Corporation will post 19.17 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on COF. Wells Fargo & Company decreased their price target on Capital One Financial from $280.00 to $260.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. JPMorgan Chase & Co. increased their price objective on Capital One Financial from $213.00 to $215.00 and gave the company an “overweight” rating in a report on Wednesday, April 22nd. The Goldman Sachs Group cut their target price on Capital One Financial from $300.00 to $260.00 and set a “buy” rating on the stock in a research report on Tuesday, April 7th. Wall Street Zen cut Capital One Financial from a “buy” rating to a “hold” rating in a research note on Saturday, January 10th. Finally, Deutsche Bank Aktiengesellschaft dropped their price target on shares of Capital One Financial from $256.00 to $250.00 and set a “hold” rating on the stock in a research note on Wednesday, April 22nd. Eighteen investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Capital One Financial has a consensus rating of “Moderate Buy” and an average price target of $258.14.

About Capital One Financial

Capital One Financial Corporation (NYSE: COF) is a diversified bank holding company headquartered in McLean, Virginia. The company’s core businesses include credit card lending, consumer and commercial banking, and auto finance. Capital One issues a wide range of credit card products for consumers and small businesses, and it operates deposit and digital banking services aimed at retail customers and small to midsize enterprises.

Products and services include credit and charge cards, checking and savings accounts (including the online-focused Capital One 360 platform), auto loans, and commercial lending solutions.